Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: John Wood is negotiating a bank loan for his company, Wood, Inc., of $12,000 for 90 days. The loan (and note) will be issued on November 16. The bank's current interest rate for similar loans is 8%.
Calculate the initial cash proceeds at issuance and the interest expense to be accrued and reported on the loan in Wood's calendar year income statement under each of the following assumptions:
a. Wood signs a note for $12,000. Interest is deducted in calculating the proceeds turned over to him.
b. Wood signs a note for $12,000 and receives that amount. Interest is to be paid at maturity.
some time ago julie purchased eleven acres of land costing 14090. today that land is valued at 33909. how long has she
What is the amount of the factory overhead volume variance?
as of december 31 2012 stand still industries had 2500 of raw materials inventory. at the beginning of 2012 there was
Ann and Bob form Robin Corporation. Ann transfers property worth $420,000. What is Robin Corporation's basis in the property and services
During year 1, Frank, a cash-basis taxpayer, sold a piece of land that had an adjusted basis to him for $110,000 to Tony for $200,000.
The shop carries 26 flavors of ice cream. Draw an integrated REA diagram of both the revenue and expenditure cycles for the above information
Why do auditors find it necessary to use sampling? What are the risks associated with sampling? How might these risks affect the audit conclusion? (100 words)
The existing frame has no value on the second hand market. What was the internal depreciation charge that was made last year
Lodging (single and double occupancy are the same rate-$250 each day) 750. How much, if any, of these expenses can the Spencers deduct
Determine the equivalent units of production for materials and conversion costs. Prepare a schedule showing physical units of production.
The Bird Toy Company manufactures a line of dolls and a doll dress sewing kit. Demand for the dolls is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year.
Splash is able to claim additional depreciation of $30,000. Compute what will its after-tax cash flow be if the company tax rate, Tc is 30%
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd